How Long Will $940,000 Last in Retirement?
How long will savings of $940,000 last? When will $940k run out?
Current Savings
$
Yearly Withdrawals
$
Investment Return
(annual)
%
Results
Your savings will last for 13 years and 8 months.Here is how your savings will change over time:
Year | Savings |
---|---|
initial | $940,000 |
1 | $890,473 |
2 | $838,470 |
3 | $783,867 |
4 | $726,533 |
5 | $666,333 |
6 | $603,123 |
7 | $536,752 |
8 | $467,063 |
9 | $393,889 |
10 | $317,057 |
11 | $236,382 |
12 | $151,675 |
13 | $62,732 |
How long will savings of $940,000 last in retirement? When will my money run out?
- Enter your savings, the amount that you withdraw annually, and the return that you receive on your investments.
- Then, click calculate.
Is $940k enough to retire on? Will I run out of money in retirement? This is just an estimate. Small changes in investment return can have dramatic effects on the length of time that your savings will last.